California State University trustees are set to vote on a plan that will raise tuition by 5 percent next year if voters reject Governor Jerry Brown's tax initiative in November. They’re meeting Tuesday morning in Long Beach.

The November 6th ballot initiative, Prop. 30, would temporarily raise the state sales and income taxes to help close California's ongoing budget deficit and avoid deeper cuts to K-12 schools and colleges.

The finance committee of the CSU board of trustees is scheduled to consider its "contingency strategy" to address Prop. 30's potential failure at its meeting. The full board is expected to vote Wednesday.

Under the contingency plan, the 5 percent tuition increase would go into effect in January if the tax initiative fails, triggering a $250 million midyear funding cut to the 23-campus CSU system.

In-state undergraduates would pay an additional $150 per semester.

If the ballot measure doesn't pass, CSU would also raise the supplemental tuition paid by out-of-state students.